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Tax

Don’t know a deduction from a credit? Confused about tax brackets and tax rates, or which filing status to choose? Credit Karma articles can help you learn about filing your federal and state income taxes.

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A young woman, sitting outside in the grass, looking at her laptop and wondering how to calculate AGIImage: A young woman, sitting outside in the grass, looking at her laptop and wondering how to calculate AGI

What is adjusted gross income?

Group of diverse young volunteers helping collect food donations.Image: Group of diverse young volunteers helping collect food donations.

4 tips for making your charitable donations count

Young woman reclining on her side researching free tax filing software on her laptop.Image: Young woman reclining on her side researching free tax filing software on her laptop.

5 things to know about free tax-filing services

Young woman, frustrated by unanswered tax questions, draws a question mark in the sand on the beach.Image: Young woman, frustrated by unanswered tax questions, draws a question mark in the sand on the beach.

13 common tax questions answered

Young woman reading the classifieds on the bus, unaware that if she gets unemployment payments she will also get a 1099-G form at tax time.Image: Young woman reading the classifieds on the bus, unaware that if she gets unemployment payments she will also get a 1099-G form at tax time.

What is a 1099-G form?

Friends watching a game together, not worried about tax on sports betting.Image: Friends watching a game together, not worried about tax on sports betting.

Sports betting: Get ready to pay tax on your...

Young hispanic woman, leaning her head on desk in frustration, trying to decide how long to keep tax records.Image: Young hispanic woman, leaning her head on desk in frustration, trying to decide how long to keep tax records.

How long should you keep tax records?

Young Asian mother holding baby and taking the IRS quiz to determine what tax filing status she should use on her federal income tax return.Image: Young Asian mother holding baby and taking the IRS quiz to determine what tax filing status she should use on her federal income tax return.

How your tax-filing status affects your tax bill

Two young female office workers happily enjoying a fringe benefit of their workplace: a foosball table.Image: Two young female office workers happily enjoying a fringe benefit of their workplace: a foosball table.

Are your fringe benefits taxable? Things to know

Mom and daughter playing in family room, mother confident that her family will benefit from tax cuts that take effect in 2018.Image: Mom and daughter playing in family room, mother confident that her family will benefit from tax cuts that take effect in 2018.

7 tax cuts that take effect in 2018

Young woman freelancer using her 1099 forms to do her federal income taxes on her desktop computer.Image: Young woman freelancer using her 1099 forms to do her federal income taxes on her desktop computer.

What is a 1099 form and what do you...

Pregnant businesswoman discussing the family leave credit with her supervisor.Image: Pregnant businesswoman discussing the family leave credit with her supervisor.

Taking family leave? Your employer could get a tax...

Young businesswoman receiving bonus from boss and smiling because she knows how to reduce the tax on her bonus.Image: Young businesswoman receiving bonus from boss and smiling because she knows how to reduce the tax on her bonus.

Got a bonus at work? Take steps to minimize...

African-American mother holding baby on her lap while researching the child tax credit on her laptop.Image: African-American mother holding baby on her lap while researching the child tax credit on her laptop.

What is the child tax credit and how can...

A pregnant couple reviewing how tax plan changes could affect their 2018 federal income tax return.Image: A pregnant couple reviewing how tax plan changes could affect their 2018 federal income tax return.

8 tax plan changes to be aware of for...

Young couple playing with their toddler in front of their house, confident they won't be affected by the mortgage interest deduction cap.Image: Young couple playing with their toddler in front of their house, confident they won't be affected by the mortgage interest deduction cap.

Mortgage interest deduction cap: Do you really need to...

Young woman sitting at desk, looking perplexed as she tries to use her 2018 tax bracket to calculate her income tax.Image: Young woman sitting at desk, looking perplexed as she tries to use her 2018 tax bracket to calculate her income tax.

2018 tax brackets and rates: How they affect tax...

Young African-American businessman using his smartphone to learn more about the capital gains tax rate on his investments.Image: Young African-American businessman using his smartphone to learn more about the capital gains tax rate on his investments.

The capital gains tax rate: How it’s different than...

Man sitting at kitchen table, head resting on his folded arms, looking at a calculator and wondering how tax reform will affect his property tax deduction.Image: Man sitting at kitchen table, head resting on his folded arms, looking at a calculator and wondering how tax reform will affect his property tax deduction.

How might the cap on the property tax deduction...

Muslim businesswoman working on a laptop and contemplating how the new pass-through deduction might apply to her federal income tax.Image: Muslim businesswoman working on a laptop and contemplating how the new pass-through deduction might apply to her federal income tax.

The pass-through deduction: Your ticket to a lower tax...

Young African-American man and his friends loading a pickup truck with tax deductible donations.Image: Young African-American man and his friends loading a pickup truck with tax deductible donations.

5 reasons to keep making tax-deductible donations

Asian businessman contemplating Form 14039, sitting in office and looking tired.Image: Asian businessman contemplating Form 14039, sitting in office and looking tired.

Form 14039 explained

Young African-American couple reviewing their finances and considering how they'll budget to repay their 401(k) loans since tax reform gave borrowers more time.Image: Young African-American couple reviewing their finances and considering how they'll budget to repay their 401(k) loans since tax reform gave borrowers more time.

Tax reform gives some 401(k) borrowers more time to...

Young disabled woman sitting on couch with her boyfriend and reading about how tax reform affects ABLE accounts.Image: Young disabled woman sitting on couch with her boyfriend and reading about how tax reform affects ABLE accounts.

ABLE accounts: How tax reform improved accounts to pay...

Multi-racial couple sitting at desk, working on laptop and calculating their student loan interest deduction.Image: Multi-racial couple sitting at desk, working on laptop and calculating their student loan interest deduction.

Student loan interest deduction: Can I take it?

Elegant brownstones and townhouses in the Fort Greene area of Brooklyn, New York CityImage: Elegant brownstones and townhouses in the Fort Greene area of Brooklyn, New York City

States sue U.S. government over tax reform’s new SALT...

Estranged couple sitting back to back on opposite ends of a couch wondering how to file their taxes after their divorce.Image: Estranged couple sitting back to back on opposite ends of a couch wondering how to file their taxes after their divorce.

How does divorce change your taxes?

Young woman looking at a stack of money and wondering where her tax dollars go.Image: Young woman looking at a stack of money and wondering where her tax dollars go.

Tax definition: Federal income taxes and why we pay...

Same-sex couple holding childImage: Same-sex couple holding child

Credit Karma Tax® talks LGBTQ taxes on Debt Free...

Young woman shopping for a flatscreen TV in the electronics department and wondering if she can put the purchase toward her sales tax deduction.Image: Young woman shopping for a flatscreen TV in the electronics department and wondering if she can put the purchase toward her sales tax deduction.

Sales tax deduction: What to know

Young American woman living abroad, sipping her morning coffee while looking out the window and wondering how the foreign earned income exclusion could affect her federal income taxes.Image: Young American woman living abroad, sipping her morning coffee while looking out the window and wondering how the foreign earned income exclusion could affect her federal income taxes.

How to pay your federal income tax while living...

Young African-American woman laying on rug with dog and her laptop, determining what tax deductions and credits she can carry forward.Image: Young African-American woman laying on rug with dog and her laptop, determining what tax deductions and credits she can carry forward.

5 deductions and credits you may be able to...

Young couple in their kitchen contemplating the marriage tax benefits they might get for their federal income tax.Image: Young couple in their kitchen contemplating the marriage tax benefits they might get for their federal income tax.

Are two incomes better than one for tax purposes?

Young businesswoman sitting at her desk, looking up information about self-employed retirement plans on her laptop.Image: Young businesswoman sitting at her desk, looking up information about self-employed retirement plans on her laptop.

Self-employed retirement plans: Tax tips to know

Mother exercising at home doing floor yoga with her baby.Image: Mother exercising at home doing floor yoga with her baby.

3 ways to make your HSA work harder for...

Happy young couple relaxing while unpacking after buying a home.Image: Happy young couple relaxing while unpacking after buying a home.

Buying a house: The tax impact of your new...

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